Econocasts

Monday, September 5, 2016

I posted this a bit earlier than usual because the NASDAQ cycle model is not experiencing a right phase shift at the moment, but seems to indicate that a major top may be forming given the predictive curve. If in the next few weeks NASDAQ begins to descend, the model suggests much lower prices going into Spring 2017. A reminder that all models are wrong but some are useful. Previous iterations of the model are found below and here and here on the blog.